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I've read in a few trip reviews about people winning hundreds of dollars on the penny slots. When most people max bet on penny slots about winning big on pennies they max bet on penny slots go on a roll and have betting games large wins coupled with some small to mid sized wins. I go with a set amount of money to have fun, and if I win that makes it even more fun I would love to see these mystical slots where max bet is only five coins because it's been ages since I've seen those - max bet seems to be more 10 to 20 coins per line lately. A good payoff for a single coin per line bettor on a penny slot is a hundred dollars or so.

Professional betting sports over under betting lines

Professional betting sports

It's been a bad two weeks to be a baseball bettor whose biggest investments are Bitcoin and sportsbook stocks," he said. I bet a few NFL futures before the Tom Brady news broke, but I'm basically shut down until we find out more about baseball coming back. Another one of my comrades -- we'll call him Jacob -- is one of the biggest movers I know more on that later. But Jacob also mentioned trying his hand in a smaller market like Peter, only his was Mexican soccer. And the Mexican soccer limits got cut down immediately.

Limits are a nagging theme for professionals, and while it's entertaining to joke around about betting lower-division international soccer or basketball now that major sports in the United States are on hiatus, the truth is it's difficult to get substantial money down in comparison to liquid markets like the NFL, the NBA or MLB.

Even if you're able, as soon as bookmakers see you're a winning bettor they'll cut your limits in these already low-limit markets or shut you down altogether. Peter added, "If it was a couple of years ago, I probably would take the time to learn everything about Turkish basketball or Chilean soccer. But I don't have that drive anymore to care about obscure foreign leagues. So I followed up and asked him if he had plans going forward, and he shed some light on his financial stability as a lower-level grinder making a living betting on sports over the years.

I have a lot of books to catch up on, some Super Nintendo games to play and a garden full of plants to watch grow. I don't need to look for another job, but if this drags on for five or six months, I'll have to sell off a chunk of my art collection. I drew a character comparison to the poker movie "Rounders," and I would be remiss to leave professional poker players out of this discussion.

The majority of the poker rooms in Las Vegas had closed prior to Wednesday night anyway, but it's official everywhere now. This is a big deal. There are more people making a living playing poker in Las Vegas than there are betting on sports. One of the guys I play with from time to time reached out to me a few days ago to see how I was doing.

He rarely plays in bigger games because he knows his edge is bigger at smaller stakes -- and he's comfortable with that. While his intention for messaging me was related to Brooklyn Nets futures and my thoughts about Kevin Durant potentially making a return, I asked him where he was at with everything.

But closing all of the poker rooms obviously isn't good for me. It sucks. Not only does a day break or more cut into Ethan's bottom line, but what are poker games even going to be like once casinos open their doors again? How many recreational players locally will be jumping right back into things?

How many would even be able to afford it anyway after the ramifications of shutting down the city's economy? Ethan's future competition just got more difficult because it will likely consist of more regs regulars, or pros. He's worried about his long-term return on investment when the dynamic changes. Justin is another acquaintance of mine who recently started betting on sports as his sole income just two years ago.

He relies on one major market and delves into a number of proposition bets across multiple leagues. I know someone that has done work for professional Counter Strike teams in the past as an analyst, so we are looking into those markets right now. We have no idea if he can translate his game knowledge into beating the betting market, but the limits are pretty good in the major leagues and events like Counter Strike. While Justin and many others are beginning to think outside the box out of necessity, there are some brighter sides from the betting side coming out of this, too.

Steve has been a professional sports bettor and advantage player in Las Vegas for over a decade. He's in a fortuitous spot now at this point in his career, but he sympathizes with everybody else. But, like six years ago I have no idea what I would have done. There aren't any avenues for income right now.

I have many grinder AP [advantage player] friends that are totally freaking out. I mentioned earlier that Jacob is one of the biggest movers I know. He's also in a fortuitous situation that differs from the majority of the betting community.

When I asked him if he'd be willing to share what his plans were for the next few months, his response was perfect: "Yeah, that's cool, got nothing else to do. He said that in jest, but I could tell Jacob felt free and refreshed. He told me he plans on hanging out with his family, reading books and resetting. I'm never going to get this opportunity again in my life. I'd be an idiot to waste the vacation; well, not that it's a real vacation, but it's rare I get to spend uninterrupted time with the fam.

I took advantage of the downtime myself and decided to hunker down and spend a few days with family in Southern California. The reset is real. I don't know how else to explain it other than my mind felt lighter. I've had days off from Daily Wager and doing the show before, but they aren't true days off.

Not for a sports bettor. There are always games to be looking at, updates to be made, markets to be shopped, screens to be watched; the list goes on and on. Even days where I wind up with minimal or no action at all, I'm looking at numbers and lines for the following day's games and betting in-game and second halves at night. It never ends.

Well, it did for us as sports bettors last week. My mind felt lighter because it quite literally could not churn -- there were no games or numbers to even churn. That's something that I will need to intentionally implement more regularly in the future once professional sports normalize again.

It felt great. But one thing is for certain: We all miss the sweat. We miss the work. If you feel like your life is in dire need of a constant, mentally exhausting challenge, perhaps betting sports professionally will satisfy your needs. They top out around 58 or So right off the bat, you already know that this is going to incur quite a bit of failure, and failure leads to stress. Loss of money leads to stress. In this case, one happens because of the other. It cannot be emphasized enough that this is a very, very stressful job.

Betting sports full time is not as easy, fun, or glamorous as it may seem. If you win There are too many stories that end up this way. So how much do you want to make? That is nearly 2. That means you have to pretty much be an expert in every sport. May I remind you that this is if you are exclusively playing the games where the vig is We were talking millions before as a sufficient bankroll on the extreme sides, but you are going to need a lot of money either way.

You are going to have to be able to weather the storm for a lot of failure. And your net goal per week should be 1 unit. It takes many hours of regular research, to find where edges possibly exist. I just told you that That means long term, this is a losing play.

The sportsbooks make their lines so that this is how things will result as often as they can. But they are human so they are not perfect, that is why edges exist. There are so many different elements to be aware of. The said bits of information make up a couple grains of sand on the bench in the sports handicapping scene. Sports betting is a moving target of a game of being able to understand which elements are relevant and it varies on a game by game basis.

It is never the same thing over and over again. How could it be? Almost everybody is losing! If you think you can take on all of these things and still prevail, go for it. But there are reasons barely anyone can turn even the slightest profit at it. There are hazards everywhere. One hazard is just being able to ignore your passion to watch. People really love sports. They love it so much it gives them false beliefs they are able to predict the outcome, and just love to have action at all.

You are already aware that if hardly anyone is winning, then how can sports betting be as easy as it seems? It takes a lot of success over a large sample of time to determine you have in fact developed the ability to find edges. Winning is such a monstrous thrill. You feel the emotions with the players and anyone else who has been sweating it out with you.

You can get a little heater going and win 7 or 8 bets in a row.

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That means you have to pretty much be an expert in every sport. May I remind you that this is if you are exclusively playing the games where the vig is We were talking millions before as a sufficient bankroll on the extreme sides, but you are going to need a lot of money either way.

You are going to have to be able to weather the storm for a lot of failure. And your net goal per week should be 1 unit. It takes many hours of regular research, to find where edges possibly exist. I just told you that That means long term, this is a losing play.

The sportsbooks make their lines so that this is how things will result as often as they can. But they are human so they are not perfect, that is why edges exist. There are so many different elements to be aware of. The said bits of information make up a couple grains of sand on the bench in the sports handicapping scene. Sports betting is a moving target of a game of being able to understand which elements are relevant and it varies on a game by game basis.

It is never the same thing over and over again. How could it be? Almost everybody is losing! If you think you can take on all of these things and still prevail, go for it. But there are reasons barely anyone can turn even the slightest profit at it. There are hazards everywhere. One hazard is just being able to ignore your passion to watch. People really love sports. They love it so much it gives them false beliefs they are able to predict the outcome, and just love to have action at all.

You are already aware that if hardly anyone is winning, then how can sports betting be as easy as it seems? It takes a lot of success over a large sample of time to determine you have in fact developed the ability to find edges. Winning is such a monstrous thrill. You feel the emotions with the players and anyone else who has been sweating it out with you. You can get a little heater going and win 7 or 8 bets in a row. You think, okay I got this. Except that is almost like saying if you successfully ran a red light without getting pulled over a bunch of times in a row, then you are now a wizard on knowing which red lights to run and which ones to stop at.

Betting sports blindly is like trying to run a red light. You are not aware of the oncoming traffic from the left or the right. You are not aware if a cop is nearby watching. This is simply an ill-advised unsafe decision. It is a hidden illusion for many bettors that you have put your work in, but really you have not.

You went into the sportsbook and saw a line that looked appealing to you, for whatever reason. You text your friend you like it. He says he likes it too. You go to the window and bet. This story has been shared 47, times. View author archive Get author RSS feed. Name required. Email required. Comment required. Enlarge Image. Washington fans line up to place bets at the new sportsbook at Capital One Arena on Aug. Want even more betting news? Sign up for VSiN's free daily newsletter. Listen Live to VSiN's sports betting shows.

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How could it be? Almost everybody is losing! If you think you can take on all of these things and still prevail, go for it. But there are reasons barely anyone can turn even the slightest profit at it. There are hazards everywhere. One hazard is just being able to ignore your passion to watch. People really love sports. They love it so much it gives them false beliefs they are able to predict the outcome, and just love to have action at all.

You are already aware that if hardly anyone is winning, then how can sports betting be as easy as it seems? It takes a lot of success over a large sample of time to determine you have in fact developed the ability to find edges. Winning is such a monstrous thrill. You feel the emotions with the players and anyone else who has been sweating it out with you. You can get a little heater going and win 7 or 8 bets in a row. You think, okay I got this.

Except that is almost like saying if you successfully ran a red light without getting pulled over a bunch of times in a row, then you are now a wizard on knowing which red lights to run and which ones to stop at. Betting sports blindly is like trying to run a red light. You are not aware of the oncoming traffic from the left or the right.

You are not aware if a cop is nearby watching. This is simply an ill-advised unsafe decision. It is a hidden illusion for many bettors that you have put your work in, but really you have not. You went into the sportsbook and saw a line that looked appealing to you, for whatever reason. You text your friend you like it. He says he likes it too. You go to the window and bet.

Many bets take place just like this example. Maybe you did put in a lot of research. What if it was the wrong research and you lose anyway? People love to rationalize and say they were unlucky. Either way it makes things very easy to continue. After all, you know that even the top bettors are going to have to incur a losing. These illusions keeps people going for a long time.

Sooner or later, they just have to, and you finally realize it was them all along. I capitalized it because people think this is also a possibility. A lock. The thing about professional or college sports is the difference between the two teams is so small. It is very underrated as to how small it is.

What if they play badly? If you play badly against another team full of freak athletes, all of whom are also professional football players, the supposed dominant team is at a high risk of getting beat. You always want to be with the professional bettors, also known as the wiseguys, and never against them.

Because pros win at a high rate, have long track records of success and have the respect of the sportsbooks. But it will win far more often than it loses. For example, a wiseguy might cap the Patriots as 9-point favorites against the Jets. They bet with their heads, not their hearts, and are always looking for value. Sharps are fearless but disciplined.

If value is there, they fire away. Unfortunately, not all of us are as smart and talented as the pros. But we can still identify which side is receiving smart money if we understand the market and learn how to read line movement. Here are three tips on how to identify which side is receiving smart money, also known as sharp action. This would indicate sharp action hitting the Under. Remember, if it looks fishy or looks too good to be true, it almost always is.

Steam move: This is when you see a sudden overload of smart money come down all at once causing uniform line movement across the board. The key is that nearly every book suddenly moves in the same direction. If just one or two books move, that might be an outlier.

Maybe the Mets open and in the blink of an eye they move to Line freeze: Normally when a team is getting a lopsided share of tickets and heavy public support, the oddsmakers will adjust the number further toward the popular side in order to limit their risk and entice betting on the opposite side. However, sometimes a team is getting a heavy share of tickets yet the line stays the same. This is referred to as a line freeze.

Maybe 80 percent of bets are taking the Lakers -7 vs. Read Next. Giancarlo Stanton out in another injury mess. See Odds Scoreboard This story has been shared 92, times. This story has been shared 60, times. This story has been shared 47, times.